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Stock Market & Financial Investment News

News Breaks
February 12, 2013
05:51 EDTZNGA, MGMStocks with implied volatility movement; MGM ZNGA
Stocks with implied volatility movement;MGM Resorts (MGM), Zynga (ZNGA) according to iVolatility.
News For ZNGA;MGM From The Last 14 Days
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March 26, 2015
11:20 EDTZNGAJudge says Zynga shareholders can pursue claims against company, Reuters says
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March 23, 2015
07:15 EDTMGMCredit Suisse to hold a conference
18th Annual Asian Investment Conference is being held in Hong Kong on March 23-27.
March 20, 2015
12:24 EDTMGMLand and Buildings issues statement in response to filing of MGM Resorts proxy
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March 19, 2015
13:00 EDTMGMCasino operators jump after analyst starts with Buy ratings
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10:02 EDTMGMOn The Fly: Analyst Initiation Summary
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March 18, 2015
16:23 EDTMGMMGM Resorts initiated with a Buy at Brean Capital
Target $27.
16:00 EDTMGMOptions Update; March 18, 2015
iPath S&P 500 VIX Short-Term Futures down 1.20 to 26.10. Option volume leaders: AAPL RAD PBR TWTR FB TSLA CLF BP MGM according to Track Data.
10:00 EDTMGMOn The Fly: Analyst Downgrade Summary
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09:13 EDTMGMMGM Resorts potential REIT conversion would unlock value, says Morgan Stanley
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08:28 EDTMGM, MGMMGM Resorts downgraded to Outperform from Buy at CLSA
CLSA downgraded MGM Resorts to Outperform and lowered its price target to $25 from $29 as part of Macau sector downgrade to reflect disappointing run rates year-to-date and expectations for more negative newsflow. See sector note for further information.
08:24 EDTMGM, MGMMacau sector downgraded at CLSA
CLSA downgraded the Macau sector given disappointing run rates year-to-date and expectations for more negative newsflow. The firm said the anti-corruption campaign continues to pressure VIP and premium mass customer visits. CLSA now expects 2015 EBITDA growth of -26%, lowered its view of VIP growth to -32% from -14%, reduced mass growth to -17% from -2%, and now expects new Cotai projects ROIC to average only +18, down from +35% previously. As part of the sector view change, the firm downgraded Las Vegas Sands (LVS), MGM Resorts (MGM), and Wynn Resorts (WYNN) to Outperform from Buy.
05:55 EDTMGMStocks with implied volatility movement; MGM CY
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March 17, 2015
16:26 EDTMGMOn The Fly: Closing Wrap
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16:00 EDTMGMOptions Update; March 17, 2015
iPath S&P 500 VIX Short-Term Futures down 11c to 27.30. Option volume leaders: AAPL RIG MGM HTZ TWTR TSLA CY KO NFLX C according to Track Data.
10:11 EDTMGMMGM Resorts trades sharply higher as activist suggests REIT conversion
Land and Buildings laid out a proposal to unlock value in the shares by pursuing a REIT conversion at MGM Resorts. At the current price of $21.36, the stock is up over 8.6%. Resistance initially is at the session high at $21.50, and then at $21.76. Support is at the 50-day moving average at $20.73.
09:25 EDTMGMLand and Buildings proposes REIT conversion for MGM Resorts
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